20070510 Crude Oil is banging on support, a breakthrough could see a trend develop to downside. If the overheated Chinese equity markets correct, this could add to the fuel.(pardon the pun) Crude Oil futures chart
Crude Oil has been on the radar screen of the public, politicians, economists, analysts and strategists, for the reason that it's price impinges on the prices of other goods. Hence it affects inflation and the cost of living. Blog chronicles trading in crude oil futures on Nymex.